Please consider information in this Risk Disclosure Statement (“Statement”) as a general overview of the risks associated with the operations accessible from https://hyperlend.finance (the “Site”). We do not intend to provide investment or legal advice through this Statement and make no representation that the third party functionalities accessible from the Site are suitable for you or that information contained herein is reliable, accurate or complete.

We do not guarantee or make any representations or assume any liability regarding financial results based on the use of the information in this Statement. The risks outlined in this Statement are not exhaustive and only describe the general nature of the risks involved with crypto assets. Users should undertake their own assessment as to the suitability of using crypto assets based on their own investigations, research, experience, financial resources, and goals. You should not deal with crypto assets unless you understand their nature and the extent of your exposure to risk.

For the purpose of this Statement “you” and “your” mean the User and “we”, “us”, “our”, “Hyperlend” or “Site Operator” mean Hyperlend Inc. Users are strongly advised to read this Risk Disclosure Statement carefully before deciding to start using the Site.

Risks related to crypto assets, including stablecoins, and risk of loss in trading crypto assets can be substantial, and you should therefore carefully consider whether such trading is appropriate for you in light of your circumstances and financial resources.

Crypto Assets Are Not Legal Tender

Most crypto assets are not backed by any central government or legal tender, meaning each country has different standards. There is no assurance that a person who accepts crypto assets as payment today will continue to do so in the future. Holders of crypto assets put their trust in a digital, decentralized and partially anonymous system that relies on peer-to-peer networks and cryptography to maintain its integrity, and neither vendors nor individuals have an obligation to accept crypto assets as payment in the future.

Loss of Value, Volatility and Uncertainty

There is limited or no fundamental reasoning behind the pricing of crypto assets, creating the risk of volatility and unpredictability in the price of crypto assets relative to fiat currencies. Crypto assets have had historically higher price volatility than fiat currencies with no or limited tangible underlying for price reference, allowing irrational and exorbitant moves in price as the process for valuation can be speculative and uncertain.

Liquidity Risk

Crypto assets can have limited liquidity that can make it difficult or impossible to sell or exit a position when desired. This can occur at any time, even during periods of high volatility.

Market Forces

Trading in crypto assets may be susceptible to irrational market forces, such as speculative bubbles, manipulation, scams, and fraud.

Financial Crime and Cyber Attacks

Cyber crime is more prevalent as the ecosystem is totally digital and devoid of traditional governance. The nature of crypto assets may lead to an increased risk of cyber-attack. For example, a 51% attack is an attack on a blockchain by any person or group who control more than 50% of the network; attackers with majority control can interrupt the recording of new blocks, altering payment history and subverting funds. Users are susceptible to malware, fake or hijacked addresses, and other forms of cyber-attacks, and should always take care of passwords and double check addresses and URLs before loading software.

Absence of Control

Hyperlend is not a broker, agent or advisor and has no fiduciary relationship or obligation to Users in connection with any transaction or other decision or activity undertaken by you using the Site. We do not control whether your use of the Site is consistent with your financial goals. It is up to Users to assess whether their financial resources are appropriate for their respective activity and risk appetite.

Availability of the Site

We do not guarantee that the Site will be available at any given time or that the Site will not be subject to unplanned interruptions. You may not be able to buy, sell, store, transfer, send or receive crypto assets or obtain information from our Site at all times.

Technology Risk

The risks of crypto assets being transacted via new technologies, including distributed ledger technologies (“DLT”), regard among other things anonymity, irreversibility of transactions, accidental transactions, transaction recording, and settlement. Transactions on the blockchain rely on the proper functioning of complex software, which exacerbates the risk of access to or use of crypto assets being impaired or prevented. Moreover, risks concern failures, defects, hacks, exploits, protocol errors, or unforeseen circumstances that might occur in connection with a crypto asset or the technologies on which it is based.

Irreversible Transactions

Transactions in crypto assets are irreversible. As a result, losses due to fraudulent or accidental transactions may not be recoverable.

Taxation and Disclosure of Information

You are responsible for determining the taxes to which you may be subject and their application when dealing with crypto assets. It is your responsibility to report and pay any taxes that may arise from transactions, and you acknowledge that Hyperlend does not provide legal or tax advice. If you have concerns about your tax treatment or obligations you may wish to seek independent advice. When, where and as required by applicable law, Hyperlend will disclose information relating to transactions, transfers, distributions or payments to the appropriate regulatory and tax authorities or other public authorities.

No Investment or Legal Advice

Communications or information provided by Hyperlend shall not be considered or construed as investment advice, financial advice, trading advice or any other type of advice. The User is the only party who can determine whether an investment, investment strategy or related transaction is appropriate based on his or her personal investment objectives, financial situation and risk tolerance, and shall be solely responsible for any losses or liabilities that may result.

Regulatory Risk

The regulation on crypto assets is uncertain in many jurisdictions and Hyperlend cannot be responsible to comply with legal rules of countries from which customers, on their own initiative, access the Site. Moreover, changes in rules applicable to crypto assets may considerably impact the prices of those assets and are unpredictable. You further acknowledge the above list of risks is non-exhaustive and there may also be unpredictable risks.